Consumers will have to wait to get their hands on the Vive.
HTC said it will offer the first commercial Vive units “via a limited quantity of community and developer systems,” and then ship to the masses in early 2016.
That means the Vive will be released at about the same time Facebook-owned Oculus debuts its Oculus Rift virtual reality headset next year.
HTC and Bellevue-based Valve first announced the Vive back in March, with HTC building the hardware and Valve focusing on the software side. The highly-anticipated device uses 70 sensors for 360-degree tracking and has garnered promising reviews thus far.
Earlier this month, HTC, which has a U.S. headquarters in Bellevue, announced plans to trim its headcount by 15 percent and operating expenses by 35 percent.